Irresponsible Borrowing Leaves Africa on Brink of Debt Crisis – Again

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Irresponsible government borrowing has caused debt in many African countries to reach crisis level. Over the past 10 years, more than $80 billion in bonds have been issued to thirsty European investors by governments in Africa south of the Sahara, with public debt now making up about half of GDP. Bilateral loans, especially from China, add … Read more

European Banks Facilitated Large Crypto-Fiat Deals, Probe Finds

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Several financial institutions in Europe, like Danske Bank and Swedbank, have been mentioned in a Lithuanian report investigating large-scale crypto-fiat transactions that took place in the past two years. Some of the banks’ clients traded digital coins worth millions of euros and the Baltic nation’s financial crime combating agency wants to know where the first … Read more

Bitcoin Cash Developers Launch Chrome Extension Badgerwallet.cash

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A team of Bitcoin Cash (BCH) developers has released a new BCH desktop wallet that resembles the ethereum-light client Metamask. The new beta version Chrome extension wallet called Badgerwallet.cash can be tested in the browser’s developer mode and soon will be able to hold BCH-issued tokens. Also read: Bitpay Phases Out Crypto-Debit Cards for European Cardholders … Read more

China-Based Crypto Exchange Coinex Pays Interest in BCH

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Crypto exchange Coinex will pay out long-term dividends, interest, in bitcoin cash (BCH) for coinex token (CET) holders, according to its website announcement. “If your CET holdings are on Coinex, we’ll calculate the dividends into BCH and allocate directly to your accounts,” the company explained. Also read: Bitcoin Cash Speaker Series II Brings Leading Bitcoiners … Read more